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Thursday, February 4, 2016

Are you middle-class?

“Middle class” doesn’t have a definite, official definition. But the Pew Charitable Trust defines it as households that earn between 67 and 200 percent of a state’s median income. 

Based on this metric and some statistics, Business Insider came up with a list of how much you have to earn to be considered middle class, depending on your state.

Pew analyzed numbers from the U.S. Census Bureau’s 2013 American Community Survey (the most recent) and found that the middle class has shrunk in every state between 2000 and 2013. 

Business Insider looked at the survey, too, then crunched some numbers based on Pew’s definition of “middle class” to come up with their list.

You can see the full results below. 

In the left column, they list the median household income for each state. 

The middle column is the minimum you have to earn to be considered middle class, based on Pew’s definition. 

And the right column is the upper range of middle class.

Head to Business Insider’s full link for more information.

The Salary Required to Be “Middle Class" in Every State